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Cointelegraph •

NFT platform Mojito completes $20M seed round with help from Sotheby's

NFT software platform Mojito announced Friday that they have raised $20M in seed funding from a number of investors including internationally known auction house Sotheby's.
According to an announcement published in Forbes, Sotheby’s auction house, in partnership with Future Perfect Ventures, Creative Artists Agency and NEA’s Connect Ventures, contributed to the round at Mojito’s estimated value of $100 Million.
The Delaware-based start-up indicated that it will use this new injection of capital...
Cointelegraph •

NFT sales boom, but ownership is highly concentrated

Trading volumes across various verticals of nonfungible tokens (NFTs) have been on a tear this year.

Combined sales for collectible and art NFTs have reached $7.4 billion as of Q4 2021. The art NFT market has grown from $17.8 million on January 1 to $1.8 billion in total sales as of Nov. 5, 2021. At the beginning of 2021, the collectible NFT market started with a total sales volume of $55.5 million. It has since ballooned to $5.6 billion. As reported by Reuters, total NFT sales volumes jumped f

Bio

Arvin enjoys the challenges of helping people understand the value of cutting-edge technology for solving their problems.

He has worked for such companies as:

  • Honda R&D North America
  • JetRuby
  • The Crypto Recruiters
  • The Stacks Foundation
  • Cointelegraph

He earned a B.A. in English Literature from The Ohio State University. He also completed course work in client/server programming at DeVry University and technical communications from Columbus State Community College.

He is currently writing gaming content with his business partner for their new publishing company, Ominous Glow Games. He is also looking for his next adventure in the tech industry whether that be in blockchain, software development, gaming, or something else that strikes his fancy.

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